Penang
Seberang Perai Utara
9
TAMAN SRI CERAYA

TAMAN SRI CERAYA

Area Intelligence

2024

Median Price

RM 100,000

PSF: RM 166

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Residential PSF Trends

Median Price

RM 100,000

PSF: RM 166

Commercial PSF Trends

Median Price

RM 450,000

RM 301 PSF

TAMAN SRI CERAYA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 100K and a median price per square foot (PSF) of RM 166.

This area contains both residential and commercial properties. View 8 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 100K, with most transactions falling within a stable range of RM 85K to RM 142K, and a typical market range of RM 85K to RM 180K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 166, though individual units vary from RM 97 to RM 235 in the core range. The broader market spans RM 86.00 to RM 246.00, indicating diverse property characteristics. A wider spread (IQR: RM 160.00) and deviation (MAD: RM 69) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI CERAYA, Seberang Perai Utara, Penang

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 180,000

Level 2

603 sqft • RM 299.00 PSF

Aug 2024

RM 85,000

Level 4

603 sqft • RM 141.00 PSF

Jun 2024

RM 100,000

Level 4

603 sqft • RM 166.00 PSF

Apr 2024

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 180,000	RM 299.00	603 sqft	Aug 2024	Low-Cost Flat
Level 4	RM 85,000	RM 141.00	603 sqft	Jun 2024	Low-Cost Flat
Level 4	RM 100,000	RM 166.00	603 sqft	Apr 2024	Low-Cost Flat